The result of this decrease in foreclosure inventory is increased median pricing. What I am seeing is what you used to get for 80K was more a year ago. Then you could possibly find a 1800 sq ft CBS (Concrete Block which is in greatest demand in Port St Lucie FL). Now you can still find a CBS home in the Port St Lucie Real Estate Market but it may only be 1200-1400 sq ft living. However, with low interest rates now is still a great time to take advantage of these Port St Lucie Real Estate Deals. After all, when these homes are gone, prices may again rise with the again reduced inventory.
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